People moves

Cambridge Associates targets Asia

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Cambridge Associates chief executive officer Sandra Urie is spending the next four months in Asia as the firm prepares to open an office in Beijing this summer.

The office in Beijing will be for both manager research and client service purposes. The consulting firm’s hedge fund practice is primarily focused on helping institutions build direct portfolios. The firm currently oversees roughly $26 billion in hedge fund assets invested in approximately 250 underlying managers on behalf of 265 clients.

Urie has been with the firm since 1985 and prior to becoming CEO, she was chief operating officer with responsibility